๐ Earnings Season Heats Up: GM, 3M, Northrop Grumman All Report Tuesday With Oil Near $90
A massive earnings week kicks off tomorrow with GM, 3M, Northrop Grumman, and Danaher all reporting on July 21. Markets enter the week on edge after the VanEck Semiconductor ETF (SMH) fell more than 4% last week amid concerns that AI valuations have gotten stretched. Oil is adding pressure too, with Brent crude above $90 a barrel as US-Iran tensions disrupt tanker flows through the Strait of Hormuz. Not financial advice. Which of these companies do you think moves the needle most this week?
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